Saturday, June 28, 2025
No Result
View All Result
Coins League
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Coins League
No Result
View All Result

Ethereum Price Fails Again, Signs Of More Losses Below $3,300

April 7, 2024
in Analysis
Reading Time: 3 mins read
0 0
A A
0
Home Analysis
Share on FacebookShare on TwitterShare on E Mail


Ethereum worth is struggling to recuperate above the $3,360 resistance zone. ETH is now exhibiting indicators of extra losses under the $3,300 and $3,250 ranges.

Ethereum is going through many hurdles close to the $3,350 and $3,360 ranges.
The worth is buying and selling under $3,350 and the 100-hourly Easy Transferring Common.
There was a break under a rising channel with help at $3,320 on the hourly chart of ETH/USD (information feed through Kraken).
The pair may lengthen losses if there’s a shut under the $3,200 help zone.

Ethereum Worth Alerts Draw back

Ethereum worth traded under the $3,300 stage earlier than the bulls appeared. ETH traded as little as $3,215 earlier than there was a minor restoration wave, like Bitcoin. The worth climbed above the $3,250 and $3,280 ranges.

There was a transfer above the 23.6% Fib retracement stage of the downward wave from the $3,655 swing excessive to the $3,215 low. Nonetheless, the bears had been energetic close to the $3,360 resistance. The bulls struggled and the value reacted to the draw back.

There was a break under a rising channel with help at $3,320 on the hourly chart of ETH/USD. Ethereum is now buying and selling under $3,300 and the 100-hourly Easy Transferring Common.

Quick resistance is close to the $3,300 stage. The primary main resistance is close to the $3,360 stage. The following key resistance sits at $3,435 or the 50% Fib retracement stage of the downward wave from the $3,655 swing excessive to the $3,215 low, above which the value may take a look at the $3,500 stage.

Supply: ETHUSD on TradingView.com

The following key resistance is seen close to the $3,550 stage, above which Ether may acquire bullish momentum. Within the acknowledged case, the value may rise towards the $3,650 zone. If there’s a transfer above the $3,650 resistance, Ethereum may even rise towards the $3,750 resistance. Any extra positive factors may name for a take a look at of $3,800.

Extra Losses In ETH?

If Ethereum fails to clear the $3,360 resistance, it may proceed to maneuver down. Preliminary help on the draw back is close to the $3,240 stage.

The primary main help is close to the $3,215 zone. The following key help may very well be the $3,200 zone. A transparent transfer under the $3,200 help may ship the value towards $3,120. Any extra losses may ship the value towards the $3,040 stage.

Technical Indicators

Hourly MACD – The MACD for ETH/USD is gaining momentum within the bearish zone.

Hourly RSI – The RSI for ETH/USD is now under the 50 stage.

Main Help Degree – $3,215

Main Resistance Degree – $3,360

Disclaimer: The article is offered for academic functions solely. It doesn’t symbolize the opinions of NewsBTC on whether or not to purchase, promote or maintain any investments and naturally investing carries dangers. You’re suggested to conduct your personal analysis earlier than making any funding choices. Use data offered on this web site fully at your personal threat.



Source link

Tags: EthereumFailslossesPricesigns
Previous Post

Goldman Sachs Maintains Crypto Skepticism Amid Contradictory Actions And Bitcoin ETF Surge

Next Post

BNB Price Rally In Jeopardy? Decoding Key Hurdles To Fresh Increase

Related Posts

Fartcoin remains bearish despite hitting $1; Check forecast
Analysis

Fartcoin remains bearish despite hitting $1; Check forecast

June 27, 2025
Deaton Says Ripple IPO Could Trigger $100B Valuation, How High Will The XRP Price Be?
Analysis

Deaton Says Ripple IPO Could Trigger $100B Valuation, How High Will The XRP Price Be?

June 27, 2025
Cardano (ADA) Bears Active — Token at Risk of Another Leg Down
Analysis

Cardano (ADA) Bears Active — Token at Risk of Another Leg Down

June 28, 2025
XRP Gears Up For Major Move — Chart Signals Are Clear
Analysis

XRP Gears Up For Major Move — Chart Signals Are Clear

June 26, 2025
KAS price slumps 4%: can it bounce back?
Analysis

KAS price slumps 4%: can it bounce back?

June 27, 2025
Dogecoin (DOGE) Eyes Upside, Yet $0.20 Remains Out of Reach for Now
Analysis

Dogecoin (DOGE) Eyes Upside, Yet $0.20 Remains Out of Reach for Now

June 26, 2025
Next Post
BNB Price Rally In Jeopardy? Decoding Key Hurdles To Fresh Increase

BNB Price Rally In Jeopardy? Decoding Key Hurdles To Fresh Increase

OneCoin’s Legal and Compliance Head Gets 4 Years in Prison

OneCoin’s Legal and Compliance Head Gets 4 Years in Prison

Phwoar! $2.5T Moved Through Centralized Crypto Exchanges in March!

Phwoar! $2.5T Moved Through Centralized Crypto Exchanges in March!

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Twitter Instagram LinkedIn RSS Telegram
Coins League

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Coins League

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITEMAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In